I was recommended to a conveyancer who has given a fee calculation of £995 for fixed fee conveyancing in Westcombe Park. I’m selling a newly refurbished detached home for £250,000. This sounds expensive. Is it in excess of the average fee for conveyancing in Westcombe Park?
The estimate does seem marginally steep. If you shop around you might decrease the fees slightly by as much as £125. That being said, you couldcome to rue choosing an an untested lawyer. Remember to be sure that the firm can represent your bank. You can utilise our search tool to get a quote a Westcombe Park conveyancing company on the lender’s member panel which can often include conveyancing solicitors in Westcombe Park.
Our son is buying a newly built flat in Westcombe Park with a mortgage from Nationwide. His solicitor has advised him of a delay in receiving the ‘Disclosure of Incentive Form’. Who needs to receive the form?
The form is intended to provide information to the main parties involved in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the Nationwide conveyancing panel as a standard part of the process, and to the valuer when asked. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Nationwide conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
My wife and I are close to exchanging contracts on the sale of our property in Westcombe Park and according to the buyers it appears that there is a risk of it being constructed on contaminated land. Any local conveyancer would know this is not the case. It does beg the question why the buyers instructed a web based conveyancing practice as opposed to a conveyancing solicitor in Westcombe Park. Having lived in Westcombe Park for three years we know that this is a non issue. Should we contact our local Authority to get clarification that there is no issue.
It would appear that you have a conveyancing solicitor currently acting for you. Are they able to advise? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
I'm refinancing my primary house to a buy to let loan with The Mortgage Works and I will use the rest of the raised equity towards further property. The area we are talking about is Westcombe Park. Will your conveyancers be able to act for both sets of mortgage companies and tie in the conveyances?
Make use of our comparison tool on this site to ensure that the conveyancers are on the appropriate lender panels. Assuming that they are the conveyancer will be able to simultaneously deal with the two transactions but you should talk with you conveyancer and communicate your desired outcome and requirements.
I need to instruct a conveyancing solicitor for remortgage conveyancing in Westcombe Park. I have land on a site which looks to be the ideal offering If it is possible to get all formalities done via web that would be ideal. Do I need to be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
We expect to complete our sale of a £350,000 apartment in Westcombe Park next week. The management company has quoted £300 for Certificate of Compliance, building insurance schedule and previous years service charge statements. Is the landlord entitled to charge such fees for a flat conveyance in Westcombe Park?
Westcombe Park conveyancing on leasehold flats normally requires the purchaser’s solicitor submitting enquiries for the landlord to address. Although the landlord is not legally bound to address these enquiries the majority will be willing to assist. They are entitled to charge a reasonable charge for responding to questions or supplying documentation. There is no set fee. The average costs for the information that you are referring to is £350, in some cases it exceeds £800. The management information fee invoiced by the landlord must be sent together with a synopsis of entitlements and obligations in respect of administration fees, without which the invoice is technically not due. Reality however dictates that one has little option but to pay whatever is demanded if you want to sell the property.
I own a garden flat in Westcombe Park. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal determine the premium due for a lease extension?
Where there is a missing freeholder or if there is dispute about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the First-tier Tribunal (Property Chamber) to calculate the amount due.
An example of a Lease Extension matter before the tribunal for a Westcombe Park residence is 73 Walerand Road in August 2012. the result of the findings of the Tribunal led to a premium to be paid for the extended lease in respect of Flat 73 in the sum of £10,040. The premium applicable in respect of Flat 85 was £5,710. This case affected 2 flats. The unexpired term as at the valuation date was 72 years.